Chicago 60624

Cook County, IL · 29,729 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

31affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
42.1%
severe
Days on market
78
daily
Price cuts
14.9%
of active
Valuation
-2.8%
vs assessor
Look up an address
55
/100
Mixed
hot · balanced · prices rising year-over-year.
Price trend
75
Affordability
25
Valuation
90
Economic health
31

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

49/ 100SellerBalancedBuyer
Balanced Market
Needs 28.7% correction for affordability
DOM: 82d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)0
Cancellation Rate (10%)0
Days on Market (5%)75

Balanced market in 60624. List price is roughly fair — focus on condition and value. Payment burden: 42.1% of median income. A 17% price correction needed to reach 30% affordability threshold. Median days on market: 82.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 6.8% YoY.

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Market snapshoteach number, once

Median price
$226,278
▴ 6.8% YoY
Days on market
78
daily · zip_data
Median rent
$1,732
ZORI
Investor score
97/100
cash-flow lens
Active listings
94
90-day

Valuation3 lenses, different anchors

vs assessor
-2.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$220,010
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$101
Price-to-income6.9×

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How 60624 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity24%
Supply tightness25%
Affordability1%
Investment yield87%
Appreciation60%

Affordability, supply & momentum

12SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply21.3 mo
Days on Market78d
Inv vs History+10.5%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,143
Payment burden42.1%
Median income · ZIP$32,607
Mortgage rate6.49% · 30yr
Total monthly own$1,369
Monthly rent$1,732
Market dynamics
Price cut %14.9%
Momentumhot
LeverageBALANCED
Months of supply21.3
Sales (90d)0
Investment analysis
Median rent$1,732
Price-to-rent10.9
Est. cap rate6.0%
Buy vs rentfavors buying

Livability

Walk score8
Transit score61
Bike score

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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